This is not a commercial for IBM, I just want smarter government decisions and they have happen to have developed it. If we keep working on spreadsheet solutions and not use high powered query and intense data base solutions, Mr. Ferguson might as well start writing “Inside Job 2” the sequel. By the way if you don’t know what this is, use the link below:

With smart queries and speed, simulations of decisions could be emulated and thus predictive outcomes realized before we get laws in place. I don’t have a clue where Ryan got his figures but I sure hope it’s beyond the use of simple spreadsheets at this point and from what I am hearing I have not heard of any scientific use on his part for this “grand plan”. Read this line below and read it again….see where its going…I just wrote up the “pitch” post last week.

“Power7 also features TurboCore mode for intense database and transactional environments such as Wall Street.”

This is how the business world functions and eats out lunch day and day out, it’s called predictive modeling and the more power and speed you can harness here, the smarter you get with decisions. I don’t expect everyone who reads here to understand “processor core technology” so let me put it this way, more cores, more speed and faster decisions and querying of data bases. Collaboration is the best methodology to be used today and we need desperately. Again….

“There’s no great white hope for budgets”…nobody can go this alone.

I have already voiced my opinion on one bill this week that would cost millions and it’s somewhat due to the fact that some “non participants” in technology think that IT infrastructure grows on trees. I am getting tired of foot in mouth in the news today and I think others might join me in that opinion, there’s too much of it and too many unintended consequences that occur. You will always have this, but with smart intelligence and collaborating we can get rid of some of it.

Truly I would love to see a unified Congress using this technology, so everyone sees the same thing at the same time and then more intelligent conversations would evolve. You could put up big screens, port the results to mobile units too, again let everyone see the same projection etc. that results from queries. Again too with using some speech recognition, it would allow for the lowest common denominator in digital literacy to participate with questions, so nobody gets left out with their questions, and you get raw data, almost instant to view and query some more if you want. This is the smart way to do it…again there is no great white hope out there for budgets!

What those folks built on Wall Street that crashed in 2008 would not have been possible without highly productive technology and they get their hands on the best and the fastest, no mystery there. If we sit like duds and don’t give some predictive modeling intelligence a chance here so we can compete, the knives going to those gun battles will continue to dull. It doesn’t take a brain surgeon to figure that out.

Lawmakers have been outdone with technology and take one look and see who has the money, duh. This was done using using highly sophisticated software and queries. It all fell down as best practices were overtaken with greed. Where’s Wall Street looking for new talent, Silicon Valley, get it, code, algorithms that make money. Where are we going to compete and work with and against some of this, not on a spreadsheet I hope.

I guess since one Congressman beat the IBMWatson servers with one question all must have decided it has no value as I have not heard any different but would like to. I’m tired of the frick and frack of what I am hearing on the news with nobody talking much about any scientific methodologies being used for this “great white hope” theory and would rather see some collaboration in place, and besides that it would probably serve to bring both parties to a new understanding and enhance some abilities to get along and remember they are there to serve us, not themselves. What happened back in the 80s…nerds and nerds are still amongst all of us and we are not bad people.

This stuff happens with programming, nerds are told to write code that brings “desired” results and they do it, and many get paid royally for that, so again if we don’t come up the table with comparable intelligence, who wins? How can you make laws if you don’t get it?

One more time….there is no great white hope for budgets…and we would love to hear what scientific and business intelligence was used by Mr. Ryan.

While we are at it, let’s get some help for the judges too as they need to see where their portfolios have gone as companies are not the same as they were a couple years ago and business models change and some of these guys were caught with conflicts of interests. They need some Algo Men too.

Again I just want to see some intelligent lawmaking here and changes are needed in methodologies as we are in the good old days anymore. Lawmakers are just like use with multi tasking except their multi tasking or lack there of impacts our lives.

One more item of reality too is that everything changes rapidly today so to have a budget that is solid and concrete for more than a year or two is a farce and it’s constant work to be reviewed. Shoot I have written about Walgreens in less than 48 hours changing their business plan and budgets so take heed from that line if you will. To keep the review process alive and well with laws, we are back to IBM Watson to help digest, predict and give the ability to lawmakers to function. Can we put those “dull knives” in the drawer and try something new here? Again if we don’t get smarter about making laws, Charles Ferguson might as well start writing that sequel and do we want a sequel uglier than the first movie, I hope not. BD

IBM on Tuesday beefed up its Power 7 lineup with updates that add more horsepower to the Jeopardy-champ servers.

The Power 750 Express, the same system that vanquished a series of opponents on the popular TV game show, now features a faster processor and built-in analytics software geared for vertical industries like healthcare, financial services, or scientific research and development.

All are based on the new Power7 processor, the full specs of which might fill a phonebook. The upshot, however, is that Power7 chips can run 32 simultaneous tasks thanks to an 8-core architecture and four virtual cores, or threads, per core. That's 4-times the maximum number of cores found in Power6 systems and 8-times the number of threads.

Power7 also features TurboCore mode for intense database and transactional environments such as Wall Street.

Dark Arts of Mathemical Deception

Professor Charlie Siefe of NYU, a mathematician debunks clinical trials, and few other items to where data is spun and fools you, every day example, hear about the perfect butt algorithm and more. These are probably some things you have never thought about but again after listening to what he has to say, it’s time to think about being skeptical. Here’s a radio show that also talks about the same topics.

This video digs in a bit further with how fictitious business models are used by banks and companies do this too. The models are so complex that CEOs don’t even understand them. “Quants, The Alchemists of Wall Street will take you through how “math models” work at banks and financial institutions in a way that even the layman can understand. More videos like over at theAlgo Duping/Killer Algorithm Page. Bank of America will also tell you“IT’ is a business” how they make money.

Weapons of Math Destruction

This is a lecture where Kathy O’Neill, a former Quant who worked for a Hedge Fund (Weapons of Math Destruction) on Wall Street will tell you what is done with your retirement money and more. The banks and companies use technology to take advantage because they can. “Of course we are going to take advantage because our tools are our brains…if they could figure out a way to take advantage of pension funds they would, a good interview with explaining smart money and dumb money.

Algorithms Shape The World

This is a very good presentation done a TED Conference and really was the one that got everyone started thinking about algorithms and today it’s talked about a lot. As he says “if you’re an algorithm, life is looking pretty good, but can’t say the same for humans”. What is a black box? Nobody has any control over the flash crash. We have moved forward a bit but still we are writing the unreadable and lost the sense of some of what is happening. Nice plug for Nanex here with research.